Pros : I use this for all my travels - it loads most of my hand tools very easily and keeps everything in one place. I always know where everything is and it's easy to get the tool I need when I'm at a show & need to make an adjustment or a custom cord.
Cons : none for me.
Other Thoughts : This is about the size of a large burrito. If you're looking for something that you can carry hammers or other items in, this won't work. But for hand tools like pliers, flush cutters, etc. it works great.